With a monthly income of Rs 1 lakh, I manage to save Rs 25,000 after covering all my expenses. I'm interested in understanding the timeframe required to accumulate Rs 1 crore with my current saving approach. An elementary calculation for a monthly investment of Rs. ‘Greed’ and ‘fear’ have often been seen as triggers for irrational investment decisions during long investing tenors. Remember that investing is not a sprint but a marathon, and success is often the result of consistent and disciplined efforts over a long investing period.

Source: India Today January 17, 2024 16:18 UTC